The purchase was announced today by officials of the International Motor Sports Association (IMSA).

West Race Cars builds the WR1000 and WX10 used in the L2 prototype class of IMSA's Cooper Tires Prototype Lites Powered by Mazda series. Level 5 Motorsports is a leading team in prototype racing and is contending for the 2012 championship in the ALMS.

"Level 5 recognized West Race Cars' long history and deep relationships in the prototype racing community," said Eric Vassian, President of West Race Cars, now a subsidiary of Level 5. "This new chapter furthers our goal of continuing to build and develop winning cars in the U.S. and across the globe."